Exein, the European embedded cybersecurity startup for connected devices, today announced €100 million in new funding, announced €100 mn in new funding, lifting its 2025 total to €170 mn and pushing the company deeper into global expansion mode.
Blue Cloud Ventures led the round, with participation from HV Capital, Intrepid Growth Partners, Geodesic Capital, and J.P. Morgan.
The raise lands five months after Exein’s €70 mn Series C in July 2025. Since then, the company says its valuation has nearly doubled, a jump tied to rapid commercial growth and rising demand for device-level security rather than network-focused defences.
Exein builds embedded cybersecurity designed to live inside connected devices themselves. Its hardware-agnostic platform already protects more than 1.5 bn devices across energy, healthcare, defence, automotive, aerospace, industrial automation, semiconductors, and robotics.
Within Q1 2026, the company expects that number to exceed 2 bn as new deployments roll out and regulatory pressure tightens.
Growth has accelerated sharply outside Europe. Expansion into Asia-Pacific has driven almost 50% of current revenue, following partnerships with manufacturers and chipset providers including Mediatek and Kontron. Exein opened a new office in Taipei in early 2026 and reports 5x year-on-year revenue growth across the business.
The €100 mn package includes both equity and a financing facility arranged by J.P. Morgan. Exein plans to use the capital to expand further into APAC and the US, pursue multiple M&A transactions in Europe and the US during 2026, and push forward a new generation of embedded runtime security.
That work includes protection for on-device AI and large language models running directly on connected hardware.
Cyber risk is no longer confined to data centres. Attacks now hit hospitals, airports, transport networks, and supply chains, often through compromised devices at the edge.
Manufacturers increasingly respond by embedding protection directly into firmware, rather than relying on perimeter controls that assume stable connectivity.
Exein’s platform places AI-powered runtime security inside the device itself. The software monitors behaviour in real time, detects anomalies, and contains threats even when devices operate offline.
According to Beinsure analysts tracking device risk, that approach lines up with how connected systems actually fail in the field, not how they look on architecture diagrams.
The model also supports integrity checks across supply chains and compliance with emerging regulation, including RED 3.3, the upcoming EU Cyber Resilience Act, and the US Cyber Trust Mark.
Connected devices now represent the fastest-growing attack surface globally, and Exein positions itself as the largest embedded runtime security provider measured by devices protected.
Founder and CEO Gianni Cuozzo said the latest round reflects how quickly the company has scaled over the past year. He pointed to expansion across the US and Asia-Pacific and said the funding allows Exein to move faster in 2026, support its acquisition strategy, and release what he described as the most meaningful technical advance in its field in almost a decade.
Caesar Chuang, VP for Asia Pacific and Japan, said the extension reinforces Exein’s momentum in the region ahead of further growth in 2026, including new partnerships tied to the Taipei expansion.
This extension underscores Exein’s growing footprint across the Asia-Pacific region, ahead of continued expansion in 2026 with the opening of our Taipei office and a series of new partnerships set to elevate Exein’s role in the market.
Caesar Chuang, VP Exein
Rami Rahal, founder and managing partner at Blue Cloud Ventures, said attacks increasingly spill into the physical world, and argued that placing real-time defence inside devices matches how the threat profile now looks.
He described Exein’s technology as infrastructure-grade security rather than another monitoring layer.
J.P. Morgan’s Max Hauer said securing connected devices now sits close to the stability of modern infrastructure itself. He added that the bank supports Exein as it enters its next phase of global growth, where scale and execution start to matter more than vision alone.
